News Releases Archived Financial Releases 2003-2004 | 2002 | 2001 | 2000 | 1999 -------------------------------------------------------- Total current assets 13,132 63,975 Property and equipment, net 90 1,096 Other assets 336 725 ---------------------------------------------------------------------- Total assets $13,558 $65,796 ---------------------------------------------------------------------- Liabilities and stockholders' equity Current liabilities: Accounts payable and accrued expenses $282 $1,522 Deferred revenue 626 750 Accrued restructuring costs 50 4,672 ---------------------------------------------------------------------- Total current liabilities 958 6,944 Deferred Rent 0 510 ---------------------------------------------------------------------- Total liabilities 958 7,454 ---------------------------------------------------------------------- Commitments and contingencies Stockholders' equity: Common stock 2 2 Additional paid-in capital 233,760 275,053 Accumulated other comprehensive income 0 122 Accumulated deficit (221,162) (216,835) ---------------------------------------------------------------------- Total stockholders' equity 12,600 58,342 ---------------------------------------------------------------------- Total liabilities and stockholders' equity $13,558 $65,796 ---------------------------------------------------------------------- ---------------------------------------------------------------------- Three Months Nine Months Ended Ended September 30, September 30, ---------------------------------------------------------------------- 2003 2002 2003 2002 ---------------------------------------------------------------------- Revenues: Product $95 $613 $576 $1,558 Service and maintenance 343 999 1,391 2,793 ---------------------------------------------------------------------- Total revenues 438 1,612 1,967 4,351 Cost of revenues: Product - 68 8 254 Service and maintenance 164 473 635 1,782 ---------------------------------------------------------------------- Total cost of revenues 164 541 643 2,036 Gross Margin 274 1,071 1,324 2,315 Operating Expenses: Sales and marketing 157 753 1,344 3,610 Research and development 427 1,213 1,616 4,797 General and administrative 568 514 1,280 2,191 Lease abandonment expense - - - - Restructuring related charges 1,051 - 2,251 768 Amortization of intangibles - 28 - 83 Impairment of goodwill and other intangibles - - - - ---------------------------------------------------------------------- Total operating expenses 2,203 2,508 6,491 11,449 ---------------------------------------------------------------------- Loss from operations (1,929)(1,437) (5,167) (9,134) Other income (expense): Interest income 115 494 610 1,841 Interest expense - (4) - (17) Other income (expense) 101 321 229 (1,126) ---------------------------------------------------------------------- Total other income (expense), net 216 811 839 698 ---------------------------------------------------------------------- Net loss $(1,713) $(626)$(4,328)$(8,436) ---------------------------------------------------------------------- Net loss per share: Basic and diluted $(0.06)$(0.02) $(0.16) $(0.31) Shares used in computing basic and diluted net loss per share 27,796 27,298 27,735 27,211 ---------------------------------------------------------------------- CONTACT: Tom Donnelly President and Chief Financial Officer Net Perceptions, Inc. 952-842-5400 tdonnelly@netperceptions.com